{"id":9929,"date":"2020-11-12T18:42:13","date_gmt":"2020-11-12T11:42:13","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=9929"},"modified":"2021-06-04T15:46:54","modified_gmt":"2021-06-04T08:46:54","slug":"condominium-prices-in-cambodia-secure-after-covid-19-downturn","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/condominium-prices-in-cambodia-secure-after-covid-19-downturn\/","title":{"rendered":"Condominium prices in Cambodia secure after COVID-19 downturn"},"content":{"rendered":"

Developers pivot to local demand, leading to stable prices of Cambodian condominiums<\/p>\n

\"\"
Aerial view of the capital city of Cambodia. NathanBai\/Shutterstock<\/figcaption><\/figure>\n

COVID-19 has impacted the property market worldwide, including Cambodia\u2019s real estate, which is the country\u2019s biggest economic driver. Throughout the peak of the pandemic, economic growth slowed down immensely, but the country is starting to see a turn.<\/p>\n

As cases pick up on close supervision, Khmer Times<\/a> reported that Cambodia\u2019s property market is starting to pick up again through increasing commercial interests.<\/p>\n

Below are the main prices for apartments\/condominiums in Cambodia:<\/p>\n

Estimated at USD212,000 for 3-bedroom apartment\/condo
\nEstimated at USD168,000 for 2-bedroom apartment\/condo
\nEstimated at USD105,000 for 1-bedroom apartment\/condo<\/p>\n

Read more: Local government contemplates on real estate project worth $25 million in Cambodia<\/strong><\/a><\/p>\n

These numbers are average prices, intended to help guide price ranges across Cambodia. Buyers are advised to visit websites covering condo listings for more information and specific prices.<\/p>\n

As international buyers decrease, demand for high-class properties have gone down as well, leading prices for large bedrooms to discount. This shift in demand has caused developers to focus on local preferences and the domestic market.<\/p>\n

Various property developers and brands will be presenting their popular projects at the Year-End Property Sale 2020 in late November. This holds a notable opportunity for all buyers interested in purchasing property, especially with the continuous decline of real estate prices.<\/p>\n","protected":false},"excerpt":{"rendered":"

Developers pivot to local demand, leading to stable prices of Cambodian condominiums<\/p>\n","protected":false},"author":9,"featured_media":20812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[177,632,638,512],"class_list":["post-9929","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-cambodia","tag-condominium","tag-real-estate","tag-residential","news_country-cambodia","news_author-property-report"],"acf":[],"yoast_head":"\nCondominium prices in Cambodia secure after COVID-19 downturn | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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